Whale Distribution Often Signals Accumulation Zones

[lingriiddd]

After filtering out exchange-related transfers, onchain data shows that true Bitcoin whales and mid-sized “dolphin” wallets were net sellers throughout December. Large holders reduced balances from roughly 3.2 million BTC to below 3 million before stabilizing, while mid-sized holders also trimmed exposure during the same period.

Historically, sustained distribution by large holders during price pullbacks has often preceded longer-term accumulation phases. For long-term investors, this kind of slow bleed—especially when paired with emotional selling—can create favorable risk-reward conditions for staged buying rather than chasing momentum.

[cryptohog]

slow bleed + emotional selling usually ends up being the best long-term entries for Bitcoin, just nobody has the patience for it